HeidelbergCement AG, et al., In the Matter of

Last Updated:
Case Status:
Pending
In the Matter of HeidelbergCement AG, a corporation, Lehigh Hanson, Inc., a corporation, Lehigh Cement Company LLC, a limited liability company, Elementia S.A.B. de C.V., a corporation, Giant Cement Holding, Inc., a corporation, and Keystone Cement Company, a limited liability company.
FTC Matter/File Number:

2010006

Docket Number:

9402

Case Summary

The Federal Trade Commission is seeking to block Lehigh Cement Company LLC’s $151 million acquisition of rival Pennsylvania-based cement producer Keystone Cement Company, alleging the deal would harm regional competition in the market for the key ingredient used to make concrete.  The FTC alleges that the acquisition would harm competition in the market for gray portland cement in eastern Pennsylvania and western New Jersey, reducing the number of significant competitors from four to three. The administrative trial is scheduled to begin on Nov. 2, 2021. On June 4, 2021, the FTC announced that the parties have abandoned the transaction.